Ford has some interesting ideas on what self-driving cars might soon be able to do. Besides freeing us from the tedium of commuting, the company envisions cars that could repossess themselves.
When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...
Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...
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Auto repossessions surge as car costs continue to climb
More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not seen since the Great Recession. WSB consumer expert Clark Howard says the ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
Racing to an important meeting, you slide into your driver’s seat and hit the ignition. Nothing. Your dashboard stays dark while your phone buzzes with a text from your auto lender. Welcome to the ...
WASHINGTON — Ford has filed for a patent that could lead to cars repossessing themselves if a driver misses payments in the future. The patent application from Ford Global Technologies was filed with ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
After his hand was run over while he attempted to repossess a car, tow truck operator Ted Baldwin gave up on repossessions. “The owner of the vehicle came out while I was behind the tire hooking it up ...
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